Valterra Platinum, South African PGM producer with Zimbabwe’s Unki mine, Impala’s Zimplats, and Mimosa, the Impala–Sibanye Stillwater joint venture, have been hit by unpaid local-currency proceeds under Zimbabwe’s foreign-exchange retention regime, after exporters shipped $690 million of PGM mattes and concentrates in the first half but have not received the 30% local-currency portion since January,...
READ MOREValterra Platinum, formerly Anglo American Platinum, commenced trading on the London Stock Exchange on June 2, 2025, marking the completion of its demerger from global mining company Anglo American. This move is a key component of Anglo American’s broader strategy to restructure its portfolio and concentrate on core assets, following the rejection of a $50...
READ MOREValterra Platinum, formerly Anglo American Platinum, began trading as an independent company on the Johannesburg Stock Exchange on Wednesday, finalizing its separation from parent Anglo American. The debut marks the completion of a major restructuring move by Anglo, which is shifting its focus to copper and iron ore after fending off a $49 billion takeover...
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